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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Belarusian Ruble (FOREX:EURBYN)
Crossroads (-60) - EURBYN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid EURBYN?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBYN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURBYN
The long-term trend has been DOWN since Feb 6th, 2024 at 3.5176
The intermediate-term trend has been UP since May 6th, 2024 at 3.5098
The short-term trend has been UP since May 6th, 2024 at 3.5074
Smart Scan Analysis for EURBYN
Based on our trend formula, EURBYN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.5177 | 3.5177 | 3.5177 | 3.5177 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.5177 | 2024-05-08 21:02:48 |